US: ISM Manufacturing PMI disappoints, at 50.7 in April

FXstreet.com (Barcelona) - The April update of the ISM manufacturing PMI dropped from 51.3 to 50.7, disappointing investors by coming below market consensus of 50.9.

May 1, 2013

US Construction Spending (MoM) declines 1.7% in Mar

US: Construction Spending falls -1.7% in March

Construction spending in the US contracted by -1.7% in March, according to the US Census Bureau, disappointing the market that was expecting a 0.7% rise. February data was revised higher from 1.2% to 1.5%.